US imposes tariffs on 60 trading partners
By 21 min ago 2 min read After a period of relative calm, the US has imposed an extensive range of new tariffs covering 60 trading partners. The tariffs generally…
OEUK Hails ‘Constructive Meeting’ with New Energy Sec
In a statement sent to Rigzone on Thursday, industry body Offshore Energies UK (OEUK) announced that its CEO, David Whitehouse, had a “constructive meeting” with the UK’s new Secretary of…
Worley wins EPC contract for UK low carbon power project
By 44 min ago 2 min read Multinational utility Uniper has selected Worley as preferred engineering, procurement and construction (EPC) contractor for its proposed power station at Connah’s Quay in…
U.S. Refinery Utilization Hits 96.2% as Fuel Markets Tighten Worldwide
U.S. refinery utilization has been near-capacity for weeks, with American fuel exports jumping to record high levels amid tight global fuel markets in the wake of the Iran war and…
Chinese Tankers Push Through Bab el-Mandeb Despite Houthi Blockade Threats
Two China-owned and operated tankers loaded with Saudi crude continued on Thursday to travel in the Red Sea toward the Bab el-Mandeb Strait despite the overnight Houthi attacks on Saudi…
TotalEnergies Profit Soars 68% as Oil Price Surge Lifts Earnings
TotalEnergies’ (TTE:NYSE) adjusted net income jumped by 68% from a year earlier to $6 billion for the second quarter of 2026 as the jump in oil prices and refining margins…
EU Concedes to Greek LNG Demand in Russian Sanctions Row
The European Union will exempt Greek Dynagas from the latest sanctions package for Russia after pressure from the Greek government, which said the package would harm the country’s economy. The…
India’s Solar Manufacturing Push Backfires as Panel Factories Shut Down
India ran into an obstacle in its ambitions to boost solar generation as local factories began to shut down because of component shortages, Reuters reported today, citing unnamed industry sources.…
Oil Rockets Towards $100
Oil is rocketing towards $100 per barrel, adding more than $14 per barrel in just a week. At the time of writing, Brent is up more than four percent today…
Air Liquide invests $150m in Idaho semiconductor gas plant
By 25 min ago 1 min read Industrial gas major Air Liquide will invest $150m in a new industrial gas production plant in Idaho to supply ultra-pure nitrogen, oxygen and…
